As it stands, I am nearly done with Work-Standard Accounting Practices (1st Ed.). There are four Entries in Section One that remains incomplete, while I have yet to determine how many Entries should be devoted to Section Three. For Section… Read More ›
Day: February 7, 2023
Fundamentals of Command-Obedience Account Bookkeeping (Pt. II of III)
With the TPP Account uncovered, the next step is to find the LER Account, which is represented by the sum of RTEP (Real Total Economic Potential) and RTFP (Real Total Financial Potential). RTEP is TEP (Total Economic Potential) and RTEP… Read More ›
Postmodernity and Rise of Social Communions
Yesterday’s latest Entry of Work-Standard Accounting Practices, “Managerial Cost Accounting,” showcased two accounting methods associated with Eugen Schmalenbach. Schmalenbach was a well-known German economist within German academia who is unknown nowadays, even though his contributions to accounting had gone on… Read More ›
Update (7 February 2023)
There is an upcoming post in relation to the implications of what I had discussed in the most recent Entry of Work-Standard Accounting Practices. It is scheduled to go live in the thirty minutes after this one. At the moment,… Read More ›